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the annual deficit in half to reduce the overall debt of united states by $3 trillion over the next 10 years. neil: i heard that it stuck with me i immediately said he just out to an allied made i the debt is coming down it will shrink $3 trillion over the next 10 years? it is what. what will happen is it will grow $3 trillion less than rethought. that is a big didifference. said debwill grow at 21. 3 trillion that is not the but the cbo. it is not the $3 trillion decrease but $8 trillion increase may be sheikh factors in those savings but so far that does not mean fear is less red ink. but with washington less than we feared so no need to fear. not so fast. it is a twisted way that the senator says we're making progress. because if you define progress then you must be forgetting you are digging a hole consists of a. it is time for the wake-up call the debt is gettingg bier. that is like me sayi i m projected to gain 50 pounds over the next decade but i am only gaining four days so i lost 10 pounds. but i did not gain 40 pounds? it could have been 50 but fat chance we would die this. what do
that there are lots of issues that are important. let's start wwth the debt. let's start with the incredible deficit and the size of government. >> we have a tax problem and a spending problem. and it basically came to a grounding all. lou: what are you going to do about lois lerner? dirty have the attorney general in contempt. what are you going to do a former senior irs official? he's basically told you guys to buzz off. i have a bill, hr 1950 that criminalizes this action. lou: retroactively? >> the question is what are you going to do about lois lerner who has told you guys to buzz off. >> we are going to make certain that there are two aspects of the story are told. hold people accountable and find out who did this. and you move forward with the legislation that holds people accountable if it haapens again. and i think the american people are shocked at what has occurred at the irs that the administration is doing nothing and we are going to work diligently to hold these people accountable to make sure this doesn't happen again. lou: no one is a bbgger fan of darrell issa than i am. and i think
have large budget deficits, when we move out to 2018, baby boomers begin to retire if great numbees. lou: why are the republicans having a hard time remembering that it is about reducing will left of spending here? why is that difficult in that document that he put out there, in my opinion, could have come from the obama white house. >> mm-hmm, that is -- how do you curb spending overtime, that is politically unpopular there is the problem. when you talk about changing tax code, people are not go many are not going to are having happy, if they lose tax deductibility of for municipal bonds. lou: i think this document will reside to the sidelines, at the very best. lou: there is really no escaping retal. >> hunl demands to be made of federal government not too many years from now. lou: john lonski thank you, we appreciate it. >> new reports city nationwide are doing away with red light cameras. among concerns about the red lights, what they really amount to, their worth. their invasiveness, what they increase traffic accidents. usage of these cameras has fallen. by 6% since 2012. 7 st
Search Results 0 to 3 of about 4 (some duplicates have been removed)